XRP still higher highs to see After a crazy day yesterday we can see a slight correction today, this happens after every shot up.
Honestly I still did not sell anything, as the way I see it is, we still have our 61.80% fibonacci that aligns perfectly with our support line and, we have a very strong support line aligned with our 78.60% fibonacci.
I am also happy to say that every support was perfectly tested ;) talent or luck ?
How ever if you did sell at the top this could be good zones to buy in, or if you missed the bull run.
I still believe that 0,45 / 0,60 USD is to be reached within this week.
Thank you for reading,
Happy trading
Trades
EURO BULLS TO 1.52500 RETEST & CONTINUATIONGood evening once again from the UK. The Euro against the cad has found some momentum after testing the lower upper trendily at the key level of 1.50800. With a shooting start forming on last weeks closures many rookie traders would of entered a short with a break of the trendline. With a weekly timeframe Gravestone dogi closure this indicated a clear opportunity for buyers to enter the market.with a bullish engulfing candle yet with todays hammer closure with have a daily key level (green block zone in which needs to be tested in the London session, we may find a slight retracement for a good entry on a lower timeframe looking for bulls. If we see a closure above 1.5200 we have our eyes set on 1.53500 as our next major key level of support.
XRP prediction met with absolute precision !! What's next ?Cashola traders,
I am happy to say, that my prediction made on the 25th of january (you can go see the article for yourself) was met with absolute precision ! You can not get any better than that :)
Now, I wanted to give my thoughts on what could happen next.
This week seems to be very decisive and exciting for the cryptomarket, after a month of no big price actions I was starting to fall asleep on my desk waiting even for the slightest move. I even tried starting a movement to make the volatility come back, unfortunately I had and still have 3 followers and din't go so far...
Any-who, coming back to the subject in hand, I believe we are at the judgement day or week for XRP, we have hit this trend line tested many times, making it very strong and hard to break, which made me enter the biggest position I ever entered yet in this market ! A total of 10 USD !!!
Seriously though, I am now waiting and watching the charts like a hawk, waiting to see if we rally up to what possibly could be a new high (higher than 0,45USD which is the high we got the last time we hit this region, a new all time high would be insane although fingers crossed for 1000USD XRP !!) or we could break this god forsaken trend line and dive into the depths of the 0,15 dollars region, scary right ?
Now, don't get freaked out as soon as we go under 0,29 thinking it will fall and panic sell all, you remember where that got you last time and I believe that is the last thing you want to experience. Obviously, as per usual the manipulation can get very severe trying to knock out all of those stop losses set under that trend line... Which is why I have not set one and will sell myself when I got that real "Oh F*ck" walse watching the charts from my toilets (24/7 baby, all time long yaaaalll), of course that "Oh F*ck" moment needs to be based on logic and gut and as I always say not on fear and greed.
Basicly here's a short recap:
- Prediction met with absolute precision (I am the king, bow at my knees)
- Buy big now if you did not already (and if your not stupid)
- Sell when the price spikes under the 0,27 / 0,28 region rouhly. (Desperate times call for big regions)
- Or sell some when the price hits a whopping 0,40USD and again when it hits 0,45 and again when it hits 0,50 (or sell all at 0,50 if you have superman's balls)
Thank you for reading,
I know I am great,
Peace out and love to all,
Happy trading,
Piers Thackray
(ps: don't take this article too seriously, my predictions you can take like god's words that have fallen from the sky, but I mean the humour, we all know I am not the king, I'm much more than that :)
AAPL Apple Stock SpeculationHello traders. Lots of opportunities in all markets. Here we have Apple Stock Charts. We have significant demand just below. Look for price to possibly retest there before its next big move up. We should see some hesitation at the first supply zone from price with ultimate goal at the higher supply zone.
[31% PP][LOOMBTC] Loom Network Trade Signal by @alanmastersLoom Network is moving now, we have several signals that points to a possible move up.
Here is a quick trade to profit from these move...
LOOMBTC Trade Signal by Alan Masters
BUY: 0.0000133
TARGET:
(2) 0.0000145
(3) 0.0000175
STOP: Close daily candle below 0.000012.
If you enjoyed this trade, hit the LIKE icon to show your support.
Namaste.
OIL TumbleThere’s an almost endless supply of oil..
Hundreds of trillions of barrels. - We have great friends who have been in the oil business for decades. Deep in these industries.
- They claim to only have hundreds of billions. They have 1000X - 10,000X what they say. (Keeps prices HIGH!)
- Remember that the dollar is now "backed" by oil... petrodollar (your dollar is really worth $0.05 they just haven't told you that yet...
Fracking is not profitable... No oil produced from anywhere, but Saudi Arabia will be profitable unless their oil is destroyed (not really possible).
Oil is a b*tch to get rid of.
And if we stole it, America would be nothing but a pile of dust.
Period.
This is war!
It’s a very complicated game of chess.
World war three has already started folks!
When will they let you know about it? Who knows.
Started 11/11/2018 (2+0+1+8 = 11) 11/11/11? hmm.
Exactly 100 years after World War 1.
Trump and US want to slam the price of oil... This is clearly in affect right now.
However, the rebound/repercussion may be very bad for us. But who knows. Maybe the US has some real backup plans for pissing off all these countries and making it harder on us, as quickly as they have... I think they do have some plans.
I think the worst of times is coming very soon. Potentially very tough times ahead. There’s too many signs.
*Our opinion (and many others who are VERY intelligent, especially in global markets and blockchain & Tech & Industry) is that if you do not hold crypto - the right cryptos btw! (Just digital, inflationary currency that is not controlled by the most evil people and families in the world like other currencies???) (Its 2018 we have a 1940 system still...) Its about to change folks!
-If you don't own crypto you will be out on your ass in the coming years.
-Worth ZIP. nothing. (Hopefully not!)
Trump and IMF may have a plan. I personally think they do. (I think its a crypto asset, or they will reinitiate the gold backed dollar!)
SO... This will put the crypto that they would implement (we know which one!) at a very high valuation. And or Gold backed would put Gold prices at $20,000 - $50,000 per OZ - 1oz of gold is currently worth about $1200.
Nixon took it off Gold Standard.
Trump may put it back on. - Our guess is they would choose the crypto asset over gold (or some mix of the two) to fix the dollar issue that is coming!
Trump appears to be trying to save this country, like him or not. Something to the effect of the good bankers and the good top military officials trying to get the world back under the USA's control (usually fairly good people and fair control), before it is destroyed and China/Russia take the wheel. Hope this doesn't sound to crazy to you. If it does, its time to open your eyes.
However, it will get bad before it gets better.
USA is now under attack (financially for sure) and will fight until death if necessary.
Our idea is they will crash and reset the dollar. (They have done things like this before) They will put a crypto based blockchain asset in place to back the dollar.
(After its deflated a good bit, and the other countries have one that war to the point of no return (Dollar value))
This will give it strength again, to continue forward with no one expecting or suspecting it.
Saudi wants high oil prices - one of the many ways they do this is saying that there’s less than there is and that oil is scarce. 1000X-10,000X more than they have... Wouldn't even be a dollar for a barrel.
There’s more OIL, GOLD, SILVER, than they will EVER! Let anyone know.
The US Dollar will not be a thing in a decade. WRITE IT DOWN! Mark your calendar.
Financial collapses are nothing but a HUGE worldwide robbery. Its planned, its profited from. Etc..
And it’s on its way! Very surprised it hasn't already taken place.
Can't switch off so came up with some short term ideasOne of my charts has the price dropping back in the triangle from longer timeframes
I am currently short after closing my long on the last pump feeling price would return for re-entry
SHORT TRADE - entry was above 6400 but possible 6280-6300 short term trade
I will hold my short with a stop at 6320 for now to see if we get 6180 or anywhere closer to the bottom cyan trend line
LONG TRADE - if price holds here, entry 6220 - 6240, take profit 6360, 6420 and let some ride if price continues up. stop loss at 6200
This is not trading advice, simply trading ideas to keep the mind active
I recommend the Bottom / Top Finder indicator you can see on my chart.
Find it on Trading View by theheirophant and mention my name if you want to trial it
BTCUSDT BITTREXBTC has been looking quite strong for the past few days, breaking up into the 7k region and has continued up to the 7300 area where it faces some strong resistance.
As you can see on the daily chart there has been multiple pull backs to the 61.8 fib level after each impulse move. The 61.8 fib level for the most recent push lines up perfectly with the next daily resistance level at around 7413.
I feel that this will be a very strong level of resistance and after the strong run BTC has already had to get to this area, I feel there is a high chance it will be rejected and retrace down to look for support.
However, after trending down for the whole of 2018 so far, BTC has finally made its first higher low on the daily after bouncing at the 5900 support. This is a good sign that BTC might finally be starting to turn around and go bullish. We still need a few more confirmations first though.
I will be watching closely over the next few days/weeks and looking for another higher low to be formed. This would be achieved if the 6750 support is respected and that level would be a healthy pullback before the next push. If we do get a bounce from that level or another support level for a higher low, we may see BTC continue to move up to retest that long term down trend/wedge top line and potentially break out to confirm a new bullish trend.
Waiting for confirmation before entering my long position.
I am also using smaller time frames to trade longs/shorts on bitmex during these choppy market times and will be posting some of my XBTUSD charts soon.
Mike sharesIPL: FY results out today, HEPS came in the middle of guidance. Dividend up, coming in at R7.10 so overall decent. Proposed unbundling has been approved by the board and will be concluded in Q4 2018.Share price is up 1.67% to R201.50 and think medium term is a buy opportunity. Will also benefit from any strength in the ZAR.
BHP Billiton: Results came out this morning, missed slightly on estimates, but announced record dividend payout of $0.63 per share, amounts to R9 at current USDZAR FX rate. Reiterated that the proceeds of the IS shale assets will be returned to shareholders once the sale has been completed. Sale was $10.8 bil, don’t think the tax will be much ( est 0.1mil ) so most of it will be returned. The sale will be completed by the end of OCT 2018, and will say how they will return it, either via share buyback or cash payment ( dividend ), I think the market will prefer the latter. Was down around 3% this morning and recovered almost half of this back. Expensive at current levels, but still think you can buy any weakness here. Obviously the GBPZAR has moved quite a bit that needs to be factored in. Target of 18pounds still comes to mind.
Shoprite: Urggh, what a disappointment, usually my preferred retailer, but trading statement was a massive disappointment, and results today came in at the lower end of the trading statement guidance. Currently down 6.5% at R198, and will need to review this one. Maybe some bottom pickers out there?
Above is the most important company results out today, so what else are we looking at in the market?
Few shares is Last Day to trade today: L2D,MIX,MND,MNP,QLT,TWR ( anyone notice how close MND came to touching R400 yesterday? Is it time to to take some off the table? )
Did anyone buy the dip on NPN? If not, shame on you, gave you a nice opportunity I think. Yeah sure Tencent slowed down for the first time in 5 years ( or something like that ), but still a massive powerhouse in my opinion. Some downgrades coming I think, but still way below most target levels.
Rhamaphoria rally is gone. So where to from now? Well stick to the names of IPL,BVT? Retailers still a sell on any strength think. Names like TRU,CLS comes to mind?
Are we seeing a bit of short covering going on in BID? Keeping an eye on this one for possible short
BAW, just buy it :-) ( We did, REMEMBER THIS IS JUST AN OPINION AND NOT ADVICE )
BLU: Getting killed once again on the back of Cell C results. Haven’t read it yet, heard something about a rights issue coming up?
Rand is stronger today, every day is like a seesaw with this one.
Obviously the market wants this trade wars going on to end now, miners will fly. Seeing more and more CEO commenting how Europe will be the main beneficiary if this trade wars continue between US and China?
Nothing else too important I’m seeing today, let me know if I've missed something dramatically?
Thanks
Michael Porter
EUR USD - Long - Await confirmation before making any tradesEU Broke the support yesterday and went further down.
However its now starting to bounce off the trendline in the 4H time frame. If this bounces it will be significant so keep an eye on the chart.
TP1 - 1.147
If it breaks through the top then I will update with another TP
See comment for closer time frame.